The process of comparing the monthly bank statement with the company's general ledger to ensure that they
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Question:
The process of comparing the monthly bank statement with the company's general ledger to ensure that they are consistent with is called a
• check reconciliation.
• vendor reconciliation.
• bank reconciliation.
• cash reconciliation.
Related Book For
Accounting Information Systems
ISBN: 9780132871938
11th Edition
Authors: George H. Bodnar, William S. Hopwood
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